Ford to Musk, and the business of power
The Statesman|November 08, 2024
In the world of investment banking, there's an adage - "Insult is an investment." The idea is simple - those who are underestimated and ignored often end up making the most successful moves, purchasing stocks at a lower price before the crowd catches on. In political terms, this strategy mirrors how Donald Trump, after being insulted and sidelined following the 2020 election, has managed to turn his defeat into a powerful comeback.
SANTHOSH MATTHEW
Ford to Musk, and the business of power

In the world of investment banking, there's an adage - "Insult is an investment." The idea is simple - those who are underestimated and ignored often end up making the most successful moves, purchasing stocks at a lower price before the crowd catches on. In political terms, this strategy mirrors how Donald Trump, after being insulted and sidelined following the 2020 election, has managed to turn his defeat into a powerful comeback. By leveraging the insults thrown his way, Trump has positioned himself as a major player in global politics once again, transforming public ridicule into political currency.

But Trump's resurgence isn't just a matter of political savvy - it's also about alliances, the kind that transcend national borders and redefine power structures. One such alliance is his relationship with Vladimir Putin, which, when examined through a historical lens, resembles the complex political alliances of the past. Trump's approach to Putin could be seen as a trump card of sorts. Just as the USSR was pulled into the Afghan War under Gorbachev and fractured into pieces, Trump seems poised to deconstruct the global balance of power.

His policies, notably those in the Middle East and his contentious approach to NATO, have created a situation where the US now faces a $36 trillion debt, with Trump eyeing a future where the US might break apart - transforming the "50 stars" on the flag into 51 states, while Israel's role in the growing China-Russia-Iran alliance (CRI) could eventually lead to the destruction of Iran. A new world order under autocratic rule, with Putin at the helm, is a scenario that increasingly seems possible.

This story is from the November 08, 2024 edition of The Statesman.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the November 08, 2024 edition of The Statesman.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM THE STATESMANView All
The Statesman

There is no room for ego in a marriage'

According to Dr Saktirupa Chakraborty and Dr Suranjan Chakrabarti, both consultant obstetricians and gynecologists, a marriage is always about mutual respect, trust and shared values.

time-read
2 mins  |
November 24, 2024
The art of pastry making through the lens of technology
The Statesman

The art of pastry making through the lens of technology

Pastry making has long been considered an artful combination of science, using only simple ingredients such as flour, butter, eggs and sugar to prepare exquisite edible art.

time-read
3 mins  |
November 24, 2024
Revival of historical paintings - Resurgence of classic paintings
The Statesman

Revival of historical paintings - Resurgence of classic paintings

The art world is currently witnessing a massive revolution sparked by the resurgence of historical paintings.

time-read
3 mins  |
November 24, 2024
Discover the beauty of Gajoldoba and Gaurikone
The Statesman

Discover the beauty of Gajoldoba and Gaurikone

On the invitation of Ranjan Majumdar (my brother), my wife and I set off on a journey to one of Bengal's favourite tourist destinations, the Dooars, with a little touch of Nepal.

time-read
5 mins  |
November 24, 2024
The café cat-astrophe
The Statesman

The café cat-astrophe

In a quaint little town nestled by a lazy river, lived Nephy, a sleek orange cat with eyes like almonds.

time-read
4 mins  |
November 24, 2024
The green wall
The Statesman

The green wall

Upal, now the schoolteacher, thought of the Thakuran River for his research activities.

time-read
8 mins  |
November 24, 2024
Evening of elegance: 'Best Face, Best Dress Award Programme'
The Statesman

Evening of elegance: 'Best Face, Best Dress Award Programme'

A thing of beauty is a joy forever. Surely. However, beauty, as they say, is in the eye of the beholder. On the evening of Thursday, 21 November, as Kolkata's streets embraced the deepening dusk, a quiet magic took hold outside the gates of the Rotary Sadan auditorium on Jawaharlal Nehru Road.

time-read
5 mins  |
November 24, 2024
Debutant Rana credits Bumrah for easing pressure off him
The Statesman

Debutant Rana credits Bumrah for easing pressure off him

It's a common term in cricket—fast bowlers hunt in pairs. And when the leader of the pack, in this case Jasprit Bumrah, runs through the top order to set the tone, it often eases off the pressure from the younger lot.

time-read
1 min  |
November 24, 2024
It's coming too slow: Yashasvi Jaiswal engages in fiery exchange with Mitchell Starc
The Statesman

It's coming too slow: Yashasvi Jaiswal engages in fiery exchange with Mitchell Starc

India opener Yashasvi Jaiswal and Australian spearhead Mitchell Starc were involved in a fiery battle during the second session on day two of the first Test of the ongoing Border-Gavaskar Trophy in Perth.

time-read
2 mins  |
November 24, 2024
Guwahati to host FMSCI National Rally Sprint Championship on Sunday
The Statesman

Guwahati to host FMSCI National Rally Sprint Championship on Sunday

The FMSCI Indian National Rally Sprint Championship (INRSC) for two-wheelers will make its way to Guwahati for the East Zone round on Sunday.

time-read
1 min  |
November 24, 2024